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Tuesday, March 5, 2024

Twitter’s Jack Dorsey admits internet companies have too much power and praises bitcoin as a model to change that

  • Jack Dorsey posted a series of tweets on Wednesday explaining Twitter's rationale in banning Trump and laying out some of the problems facing large internet companies.
  • Dorsey said the internet should be open and making decisions like this as a private company "sets a precedent I feel is dangerous."
  • He said that's why he's such a fan of bitcoin, which has a decentralized model owned by no single company or person.

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